Sun Ge earns big again! On March 13th, he pledged 120,000 ETH to ether.fi. Three days later, ether.fi announced the airdrop query, and Sun Ge’s address was eligible to receive up to 3.45 million $ETHFI in airdrops, worth up to $17.25 million.
(Summary:
Sun Ge invested 662 million pounds in the “Repledge Track”! Community sighs: Do even the whales do airdrops like this… )
(Background:
Sun Yuchen re-pledged 120,000 ETH to ether.fi! Digging into the Ethereum Repledge Track)
Tron founder Sun Yuchen (Sun Ge) invested a large amount of money into the LRT “Liquidity Repledge Token” track last month. At that time, he pledged up to 58,000 stETH to Puffer Finance, with a total value of approximately $141 million, becoming the champion of the protocol in terms of points. In addition, he also deposited 104,001 stETH to EigenLayer, worth approximately $253 million.
Furthermore, Sun Ge pledged 120,000 ETH to ether.fi (LRT track) on March 13th, worth about $480 million…
In just three days, he earned $17.25 million.
On March 16th, ether.fi announced its airdrop query website. According to the website, Sun Ge’s address is eligible to receive up to 3.45 million $ETHFI in airdrops. Currently, the price of $ETHFI on the OTC market Whales Market is approximately $5 per token. Based on this calculation, the value of the airdrops Sun Ge received in these three days is up to $17.25 million.
Sun Ge’s address receives 3.45 million ETHFI tokens in three days | Source: Yu Yin
Sun Ge accounted for 3.45 million out of the initial token airdrop of 60 million by ether.fi, causing dissatisfaction among the ether.fi community and early supporters. In view of this, Mike Silagadze, the founder of Ether.Fi, responded to the community’s concerns about Sun Yuchen’s airdrop on the Discord platform. He stated that in order to express gratitude to the community members, Ether.Fi will conduct more token airdrops.
At the same time, he also spoke out in defense of Sun Ge, believing that there is nothing to question about Sun Ge’s actions.
He stated: Currently, according to data from DeFi Llama, with the support of the EigenLayer repledge protocol, Ether.Fi has a total locked value of approximately $2.9 billion, which is more than twice the value of competing projects in this track.
In the meme coin frenzy, Sun Ge revealed: “Don’t want to work hard anymore…”
On the other hand, seeing the rapid rise of the Solana ecosystem meme coin $BOME in just three days, Sun Ge also shared his views on the X platform. He showed a comparison chart of “value coins” and “meme coins”. Compared to meme coins, value coins require development, project cooperation, and regulatory avoidance… and various efforts to make the price rise slightly. However, meme coins only require “pump and dump”.
Although it cannot be confirmed whether Sun Ge has boarded the train of the Solana ecosystem meme coin’s skyrocketing, he admitted to seeing this wave:
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